Who should attend this course?
- New hires who have joined the firm late and missed the in-house program
- Individuals looking to fill a knowledge gap
- Experienced bankers looking to refresh their technical skills
- Teams employed in financial strategy roles from non-banking corporations
- Graduates preparing to interview for a role in the finance sector
- Students at business school and looking for a career in finance
The aim of this session is to provide delegates (particularly those who have no prior knowledge of finance) with an introduction to financial statement analysis. The income statement, balance sheet and cash flow statement are introduced, and the key interactions between the income statement and balance sheet are explained. Delegates will build simple financial statements using a list of transactions.
- The structure of financial statements
- The income statement
- Balance sheet
- Cash flow statement
- Key links between the financial statements
- How business transactions are reflected in the financial statements
The Income Statement
Throughout this module delegates analyze a group of companies in the food manufacturing industry in order to calculate several income statement metrics. The matching/accruals concept and its impact on the income statement is covered in detail and the link between the income statement and the retained earnings account is investigated. Profitability is analyzed in various ways, using real companies’ financials to calculate key indicators of operating and financial performance. Delegates complete a full profitability comparison for the peer group.
- Sales recognition
- Fixed and variable costs
- Accrual accounting and link between earnings and cash flow
- Expenses or assets – key concepts explained
- Adjusting cost of goods sold and selling, general & administrative expenses for depreciation and amortization
- Adjusting earnings for non-recurring items to produce normalized earnings estimates
- EBITDA, EBIT, net income and EPS
- Margin calculations
This module provides delegates with an understanding of the importance of working capital in the context of a company's financing structure and cash flows. The difference between working capital and operating working capital is analyzed and operating working capital is analyzed using several ratios. Delegates complete a working capital analysis for the peer group.
- Inventories, receivables, payables, prepaid items and accruals
- Definition of working capital and operating working capital
- Operating working capital and the cash cycle
- Working capital ratios and day calculations
"Using AMT Online (AMTO) was excellent as it allowed me to work through the course material at my own pace. AMT Online was very easy to use and navigate through." ~ graduate, leading business school
View video to get a flavour of the course
While this is a face to face training course, a blended learning approach is taken and delegates will be provided with access to AMT Online. Our study materials contain both the knowledge and practice materials required to assist with the learning process and help you in your job role. Course materials include:
- printed course binder with copy of the slides
- laminated summary sheets
- 24/7 access to DELTA online learning environment
- class recordings
- course notes
- electronic homework/study files
This course is non-residential. The venue will provide light refreshments. AMT reserve the right to cancel or postpone sessions or change content if registrations are insufficient to continue 2 weeks prior to scheduled commencement date. Registrants will be given at least 5 business days’ notice of such changes.